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US rare earths mine goes to China

A Chinese-led consortium looks like it will become the new owner of what was once the US’ lone rare earths operation, after it won an auction for the Mountain Pass mine, in California, according to reports.

US rare earths mine goes to China US rare earths mine goes to China US rare earths mine goes to China US rare earths mine goes to China US rare earths mine goes to China

Mountain Pass has a nameplate capacity of 19,050 tonnes per annum of rare earth oxides

MP Mine Operations LLC – a consortium including rare earths miner Shenghe Resources and investment firms JHL Capital Group and QVT Financial – agreed to pay US$20.

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